Name: | Mr. rahl kr |
Date of Registration: | 10-08-2021 |
Course: | |
Module: | |
Batch No: | Jan-2021 |
Start Date: | 01-02-2021 |
End Date: | 31-05-2021 |
The Program on Power Market Economics and Operation: provides insights to the economic and operational aspects of power market,its procucts,and their role in the Indian power market. The Program would be conducted under the aegis of Centre for Continuing Education, IIT Kanpur.
Program Duration:
About 25 hours
Relevance of the Program:
Understanding the evolution of power market, and regulatory structure for the same
Examining the cost drivers for regulation and ancillary services to maintain the grid security
Understanding the economic operation of power market and power procurement plannin
Learning from international experience with power market development
Addressing the present and emerging challenges related to power market
Key Topics:
Power Market Regulation
Operation of Power Exchanges
Market Monitoring
Open Access
Distributed Energy Market
Power Procurement Planning
Ancillary Services
Congestion Management
Retail Competition
Load Forecasting
Security Constrained Economic Dispatch
Market Based Economic Dispatch
Economic Operation of Power System
Conceptual understanding of power market from economics, regulatory and policy perspective
Opportunity to learn best practices from global experts
Developing the ability to understand the emerging needs for better operation of power markets
Understanding the operations of power market and its products
Schedule for the program would be generally organised between 5:00pm - 06:45pm (Mon, Tue., Wed., Thu., Fri) and 03:30pm - 05:00pm (Sat., Sun.). Pre-recorded session will be released in advance.
Week-1
These are the following sessions.
fiber_manual_recordProgram Inaguration 03 June, 2023 ,5:00 - 5:30 pm
fiber_manual_record Evolution of Power Market Develoment in India 03 June, 2023 ,5:30 - 7:00 pm
fiber_manual_recordEconomic Fundamentals of Power Sector 04 June, 2023 ,5:00 - 5:30 pm
fiber_manual_recordMarket Failure and Natural Monopoly 04 June, 2023 ,5:45 - 6:15 pm
fiber_manual_recordWholesale Power Market in India: Role of Power Exchanges and Trading 05 June, 2023, 5:00 - 5:30 pm
fiber_manual_recordDerivatives and Risk Management in Power Market 06 June, 2023, 5:00 - 5:30 pm
fiber_manual_recordFunctioning of Power Exchanges: Regulation, Development and Products 07 June, 2023, 5:00 - 5:30 pm
fiber_manual_recordLong-term Power Procurement under Case-1and Case-2, and Structure of PPA 08 June, 2023, 5:00 - 5:30 pm
fiber_manual_recordEmerging Landscape of the Indian Power Market: General Network Access and Beyond 11 June, 2023, 10:45 - 11:15 am
fiber_manual_recordEconomics of Power Market: Regulated vs Competitive Procurement 10 June, 2023, 5:00 - 5:30 pm
fiber_manual_recordResource Adequacy - Principal, Practices and way forward 10 June, 2023, 5:45 - 6:15 pm
fiber_manual_recordSCED, MBED and Brainstorming - I 11 June, 2023, 9:30 - 10:30 am
Week-2
fiber_manual_recordRegional Power Market in South Asia 12 June, 2023, 5:00 - 5:30 pm
fiber_manual_recordPower System Operation and Deviation Settlement Mechanism,13 June, 2023,5:00 - 5:30 pm
fiber_manual_recordShort-Term Power Procurement Practices 14 June, 2023,5:00 - 5:30 pm
fiber_manual_recordEvolution and Emerging landscape for Ancillary Services 15 June, 2023, 5:00 - 5:30 pm
fiber_manual_recordRetail Competition in Electricity: International Experience 16 June, 2023, 5:00 - 5:30 pm
fiber_manual_recordOpen Access Regulations and Short-term Power Procurement Practices 17 June, 2023,6:30 - 7:00 pm
Today's session would be a live session kindly ignore the session uploaded
fiber_manual_recordBrainstorming & Interactive Discussion - II 17 June, 2023 5:30 - 6:30 pm
fiber_manual_recordOverall Assessment 18 June, 2023, 10:00am-12:00pm
* Subject to confirmation by the respective resource person
The program will be delivered in online mode in the form of live and recorded sessions to offer flexibility to the working professionals. The recorded sessions would be hosted at CER’s Online Learning Environment and Tools (OLET) platform. The program will be covered across 2 weeks and include multiple sessions of about 1 hour 30 min each (with total program duration of more than 25 hours).
Commissioners and Officers from Electricity Regulatory Commissions; Stakeholders from Generating Companies, Licensees (Transmission, Distribution and Trading), Financial Institutions, Consultants, Investors, Consumer Organisations and NGOs; Faculty, Researchers and Students from Academic Institutions; and other stake holders who want to enhance their understanding of this multi-disciplinary area.
Note: Criteria may be modified/ updated later
S. No. | Participation Category | Fee (INR)@ | Total (INR) |
---|---|---|---|
1 | Industry* | 35000 + 18% GST | 41300 |
2 | Faculty a. IITK b. Non-IITK# |
16000 16000 + 18% GST |
16000 18880 |
3 | Students a. IITK b. Non-IITK ## |
5000 5000 + 18% GST |
5000 5900 |
4 | SERCs having MoU with CER-IITK | 28000 + 18% GST | 33040 |
# Including NGOs, Consumer Organisation and research institutions (non-corporate).
## Should be a full-time student and present a bonafide certificate on demand.
* Including Commissioners and Officers from Electricity Regulatory Commissions; Stakeholders from Licensees (Transmission, Distribution and Trading), Load Dispatch Centers, RE Development Agencies, Financial Institutions, Consultants, Investors, Industrial consumer, IPPs.
^Three or more participants from the same orgnaization (other than SERCs having MoU with CER-IITK) will get 20% discount on registration fee.
B. Important Dates
Registration will commence on: 13th May 2023
End date of registration: 02nd June 2023
Program starts on: 04th June 2023
Program ends on: 18th June 2023
C. Guidelines for registration process
Centre for Energy Regulation (CER)
Department of Management Sciences
Indian Institute of Technology Kanpur-208016
Phone: +91 512 259 6181
Email: cer_cbp@iitk.ac.in
For any query on
CER's Regulatory Certification Program (RCP) on
"Power Market Economics and Operation"
S.No. | Sessions | Live Interactive Session | Resource Persons | |
Date | Time | |||
---|---|---|---|---|
Program Inauguration | 03 June, 2023 | Chief guest - Mr. Sanjay Dubey Principal Secretary, Energy & NRE, Government of Madhya Pradesh |
||
Valedictory function | 24 June, 2023 | 5:00 - 5:30 pm | Chief guest - Shri. Alok Kumar, Secretary(Power), Ministry of Power, Government of India | |
1 | Introduction to CER's OLET Platform | 02 June, 2023 | 5:00 - 5:30 pm | |
2 | Evolution of Power Market Development in India | 03 June, 2023 (LIVE) | 5:30 - 7:00 pm | Prof. Anoop Singh, Professor, IIT K |
3 | Economic Fundamentals of Power Sector | 04 June, 2023 | 5:00 - 5:30 pm | Prof. Anoop Singh, Professor, IIT K |
4 | Market Failure and Natural Monopoly | 04 June, 2023 | 5:45 - 6:15 pm | Prof. Anoop Singh, Professor, IIT K |
5 | Wholesale Power Market in India: Role of Power Exchanges and Trading | 05 June, 2023 | 5:00 - 5:30 pm | Mr. Akhilesh Awasthy, Former COO, HPX. Currectly Partner with Lantau Group India Pvt. Ltd. |
6 | Derivatives and Risk Management in Power Market | 06 June, 2023 | 5:00 - 5:30 pm | Prof. Anoop Singh, Professor, IIT K |
7 | Functioning of Power Exchanges: Regulation, Development and Products | 07 June, 2023 | 5:00 - 5:30 pm | Mr. Jogendra Behera, Vice President (Market Design & Eco.), Indian Energy Exchange Limited |
8 | Long-term Power Procurement under Case-1and Case-2, and Structure of PPA | 08 June, 2023 | 5:00 - 5:30 pm | Mr. P. V. Shathish, Senior Associate, CDPQ |
9 | Emerging Landscape of the Indian Power Market: General Network Access and Beyond | 11 June, 2023 | 10:45 - 11:15 am | Ms. Shilpa Agarwal, Joint Chief Engg., CERC |
10 | Economics of Power Market: Regulated vs Competitive Procurement | 10 June, 2023 | 5:00 - 5:30 pm | Prof. Anoop Singh, Professor, IIT K |
11 | Resource Adequacy - Principal, Practices and way forward | 10 June, 2023 | 5:45 - 6:15 pm | Prof. Anoop Singh, Professor, IIT K |
12 | SCED, MBED and Brainstorming - I | 11 June, 2023 | 9:30 - 10:30 am | Prof. Anoop Singh, Professor, IIT K |
S.No. | Sessions | Live Interactive Session | Resource Persons | |
Date | Time | |||
---|---|---|---|---|
1 | Regional Power Market in South Asia | 12 June, 2023 | 5:00 - 5:30 pm | Mr. Pardeep Jindal,Chief Engineer, CEA |
2 | Power System Operation and Deviation Settlement Mechanism | 13 June, 2023 | 5:00 - 5:30 pm | Mr. Sushil Kumar Soonee, Former Advisor & CEO, POSOCO |
3 | Short-Term Power Procurement Practices | 14 June, 2023 | 5:00 - 5:30 pm | Mr. Abhishek Ranjan, Sr. VP Strategy & Head - Utilities and Retail at Renew Power |
4 | Evolution and Emerging landscape for Ancillary Services | 15 June, 2023 | 5:00 - 5:30 pm | Mr. Rajiv Porwal, Executive Director (System Operation) |
5 | Retail Competition: Indian Perspective and International Experience | 16 June, 2023 | 5:00 - 5:30 pm | Mr. Amit Goenka, Associate Director, Delloitte India |
6 | Open Access Regulations and Short-term Power Procurement Practices | 17 June, 2023 | 6:30 - 7:00 pm | Mr. Bikram Singh, PTC India Limited |
7 | Brainstorming & Interactive Discussion - II | 17 June, 2023 | 10:00 - 11:00 am | Prof. Anoop Singh, Professor, IIT K |
8 | Overall Assessment | 18 June, 2023 | 10:00am-12:00pm | Prof. Anoop Singh, Professor, IIT K |
* Subject to confirmation by the respective resource person
The Program on Power Market Economics and Operation provides insights to the economic and operational aspects of power market, its products, and their role in the Indian power market. The Program would be conducted under the aegis of Centre for Continuing Education, IIT Kanpur.
labelProgram Duration:
fiber_manual_record25 hours.
labelRelevance of the Program:
fiber_manual_recordUnderstanding the evolution of power market, and regulatory structure for the same
fiber_manual_recordExamining the cost drivers for regulation and ancillary services to maintain the grid security
fiber_manual_recordUnderstanding the economic operation of power market and power procurement planning
fiber_manual_recordLearning from international experience with power market development
fiber_manual_recordAddressing the present and emerging challenges related to power market
labelKey Topics:
fiber_manual_recordPower Market Regulation
fiber_manual_recordOperation of Power Exchanges
fiber_manual_recordMarket Monitoring
fiber_manual_recordOpen Access
fiber_manual_recordDistributed Energy Market
fiber_manual_recordPower Procurement Planning
fiber_manual_recordAncillary Services
fiber_manual_recordCongestion Management
fiber_manual_recordRetail Competition
fiber_manual_recordLoad Forecasting
fiber_manual_recordSecurity Constrained Economic Despatch
fiber_manual_recordMarket Based Economic Despatch
fiber_manual_recordEconomic Operation of Power System
Conceptual understanding of power market from economics, regulatory and policy perspectives
fiber_manual_recordOpportunity to learn best practices from global experts
fiber_manual_recordDeveloping the ability to understand the emerging needs for better operation of power markets
fiber_manual_recordUnderstanding the operations of power market and its products
The program will be delivered in online mode in the form of live and recorded sessions to offer flexibility to the working professionals. The recorded sessions would be hosted at CER’s Online Learning Environment and Tools (OLET) platform. The program will be covered across 2 weeks and include multiple sessions of about 1 hour 30 min each (with total program duration of more than 25 hours).
Commissioners and Officers from Electricity Regulatory Commissions; Stakeholders from Generating Companies, Licensees (Transmission, Distribution and Trading), Financial Institutions, Consultants, Investors, Consumer Organisations and NGOs; Faculty, Researchers and Students from Academic Institutions; and other stake holders who want to enhance their understanding of this multi-disciplinary area.
Note: Criteria may be modified/ updated later
A. Details of Registration Fee
S. No. | Participation Category | Fee (INR)@ | Total (INR) |
---|---|---|---|
1 | Industry* | 35000 + 18% GST | 41300 |
2 | Faculty a. IITK b. Non-IITK# |
16000 16000 + 18% GST |
16000 18880 |
3 | Students a. IITK b. Non-IITK ## |
5000 5000 + 18% GST |
5000 5900 |
4 | SERCs having MoU with CER-IITK | 28000 + 18% GST | 33040 |
# Including NGOs, Consumer Organisation and research institutions (non-corporate).
## Should be a full-time student and present a bonafide certificate on demand.
* Including Commissioners and Officers from Electricity Regulatory Commissions; Stakeholders from Licensees (Transmission, Distribution and Trading), Load Dispatch Centers, RE Development Agencies, Financial Institutions, Consultants, Investors, Industrial consumer, IPPs.
^Three or more participants from the same orgnaization (other than SERCs having MoU with CER-IITK) will get 20% discount on registration fee.
B. Important Dates
Registration will commence on: 13th May 2023
End date of registration: 02nd June 2023
Program starts on: 04th June 2023
Program ends on: 18th June 2023
C. Guidelines for registration process
Centre for Energy Regulation (CER)
Department of Management Sciences
Indian Institute of Technology Kanpur-208016
Phone: +91 512 259 6181
Email: cer_cbp@iitk.ac.in
fiber_manual_record For any query on CER's Regulatory Certification Program (RCP) on "Power Market Economics and Operation"
Write here
MoP (Tariff based competitive bidding guidelines for procurement of storage capacity/stored energy from Pumped Storage Plants), 2024 [Draft] |
CERC (Terms and Conditions of Tariff) (First Amendment) Regulations, 2024. [Draft] |
OERC - Regulation on Procurement of Energy from Renewable Sources and its Compliance Regulations, 2024 [Draft] |
OERC - Regulation on Framework for Resource Adequacy [Draft] |
MPERC "Ancillary Services" Regulations, 2024 [Draft] |
CERC: Staff Paper on Regulatory Oversight on Bidding Behaviour in Power Exchanges |
Centre for Energy Regulation |
||
cer@iitk.ac.in | ||
0512-259-7453 | ||